States Regulating Online Gambling and Shutting Out Foreign Operators
Oct.31, 2009
In United States some states are planning to legalize and regulating the online gaming within their limits, ignoring the larger national market, because it seems UIGEA is having a less spam of time.
UIGEA prevents interstate online gambling, but it does not out law online gambling, some states are in a approach to set their gaming networks within their limits. California gave a tentative start last year and planning to try again in 2010. Florida is also planning to do so and Illinois has legalized horse race betting.
By legalizing the online gaming in some states within their limits, adhering to the UIGEA framework, there are many far-reaching results that would come. For starters, it would likely prevent a nationwide online gambling law, restricting the efforts of Barney Frank and other legislators targeting the UIGEA.
The online gaming industry will eliminate foreign operators doing business in US. By doing this the big brands like Full Tilt Poker and bwin would be legally locked by the internet gambling markets in the world. And by doing this the other smaller online companies would come into picture, there might be a single operator per state or maybe even a state-run agency.
There are many players who are playing online gaming, according to the estimation there are across 1.5 million in California only, they would probably prefer to continue doing so, basically shutting off the new sites .By this they might be having huge problems and possibly more messy legal fights in the U.S.
If the new companies are in each state, every one’s question is up to what extend the new companies will provide affiliate marketing programs and how reliable it would be for affiliates.